China’s central bank says mainland-HK payment connect will begin operations soon

News ESG General Updates

Date: 20th Jun, 2025 Source: Ministry of Human Resources and Social Security Country: China Original Source

Brief

On June 20, the People's Bank of China (PBOC) announced that the cross-border payment connect between mainland China and Hong Kong will commence operations on June 22. This system aims to provide efficient, convenient, and safe cross-border payment services for residents in both regions through linked online banking systems, facilitating economic activities and trade cooperation between the two areas.

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Ministry of Human Resources and Social Security

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China’s central bank says mainland-HK payment connect will begin operations soon

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China’s central bank says mainland-HK payment connect will begin operations soon

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